Credit card scam gains traction at Edmonton auto shops

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Credit card scammers who prey on local auto shops defrauded one Edmonton retailer out of $36,000 in a single transaction last year, police say.

The scammers used stolen credit cards to try to buy tires in bulk over the phone, said investigator Linda Herczeg, a detective with the EPS economic crimes section.

Police investigated eight cases where fraudulent credit cards were used for bulk tire purchases in 2016, with a total loss to Edmonton retailers of $70,485.

Read more at CBC News

This article is summarized by Canadian Fraud News Inc.